Form 4: FNB Corp. Legal Officer Sells Shares for Tax
Insider Transaction Report
FNB Corp.'s Chief Legal Officer, James Orie, reported a disposition of 1,319 common shares at $17.19 each to cover tax liabilities.
Summary
- James Orie, Chief Legal Officer and Corporate Secretary of FNB Corp./PA/ (FNB), reported a transaction on January 6, 2026.
- The transaction involved the disposition of 1,319 shares of FNB Common Stock.
- The shares were disposed of at a price of $17.19 per share, indicated by transaction code 'F', which typically signifies shares withheld for tax purposes upon vesting or exercise.
- Following this transaction, James Orie directly beneficially owns 127,751.213 shares of Common Stock.
- Additionally, James Orie indirectly beneficially owns 63,090.504 shares through a 401K Plan.
- The total reported direct beneficial ownership includes shares acquired under the Company's dividend reinvestment plan and dividend equivalent units accrued on restricted stock units since the last filing.
Sentiment
Score: 5
Explanation: The transaction is a routine disposition of shares for tax purposes, which is a neutral event and does not indicate a change in the company's fundamental prospects or the insider's confidence.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.
Industry Context
This insider transaction is a routine disclosure for a publicly traded company and does not provide specific insights into broader industry trends or competitive landscape. It reflects an individual executive's share activity.
Stakeholder Impact
- Shareholders: Minimal impact as this is a routine, tax-related insider transaction and does not reflect a change in the company's operational or financial performance.
Key Dates
| Date | Description |
|---|---|
| 01/06/2026 | Date of transaction (disposition of shares). |
| 01/07/2026 | Date the Form 4 was signed and filed. |
Recommendation
holdThe reported transaction is a routine disposition of shares by an insider to cover tax liabilities, which is a common occurrence and not indicative of a change in the company's underlying value or future prospects. It does not provide new information that would warrant a change in investment recommendation. Therefore, a 'hold' recommendation is appropriate, maintaining existing positions based on broader company fundamentals rather than this specific insider filing.
Keywords
FNB Corp, FNB, Insider Transaction, Form 4, Share Sale, James Orie, Chief Legal Officer, Common Stock
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